Carvana Co Net debt/EBITDA
What is the Net debt/EBITDA of Carvana Co?
The Net debt/EBITDA of Carvana Co. is -39.63
What is the definition of Net debt/EBITDA?
The net debt to earnings before interest, taxes, depreciation, and amortization (Net debt/EBITDA) ratio measures financial leverage and the company’s ability to pay off its debt. It shows how long it would take the company to pay off all its debt with operations at the current level.
The net debt to EBITDA ratio is calculated as Net debt divided by EBITDA. It is similar to the debt to EBITDA ratio, but cash and cash equivalents are subtracted in net debt.
Net debt = short-term debt + long-term debt - cash and cash equivalents
EBITDA = net income + interest expense + taxes + depreciation + amortization
Lower debt debt to EBITDA ratio indicates the company is not heavily indebted and should be able to repay its obligations. Alternatively, higher ratio indicated the company is excessively indebted. The ratio varies between industries as different industries have different capital requirements. Usually, the ratio should be compared to a benchmark or an industry average to determine the company’s credit risk. Generally, a net debt to EBITDA ratio above 4 or 5 is considered high.
Net debt/EBITDA of companies in the Consumer Discretionary sector on NYSE compared to Carvana Co
What does Carvana Co do?
simply put, carvana is a better way to buy a car. you can browse, finance, and purchase a car online and have it delivered to you as soon as the next day. cutting out the dealerships translates to thousands of dollars in lower costs on every vehicle we sell. we pass these savings on to consumers in four ways: lower prices (our customers save $1,681 on average vs. kelley blue book), premium cars, a better experience, and no hidden fees. want to work at carvana? view our openings at: http://www.carvana.com/careers
Companies with net debt/ebitda similar to Carvana Co
- Baozun Inc has Net debt/EBITDA of -39.95
- Northern Trust has Net debt/EBITDA of -39.86
- Greenrose Acquisition has Net debt/EBITDA of -39.68
- Greenhill & Co Inc has Net debt/EBITDA of -39.65
- Brainhole Technology has Net debt/EBITDA of -39.64
- Eternity Technology has Net debt/EBITDA of -39.63
- Carvana Co has Net debt/EBITDA of -39.63
- North Mining Shares has Net debt/EBITDA of -39.62
- Norwegian Cruise Line has Net debt/EBITDA of -39.58
- Coupa Software Inc has Net debt/EBITDA of -39.56
- Tenaz has Net debt/EBITDA of -39.54
- Premier Gold Mines has Net debt/EBITDA of -39.49
- Premier Gold Mines has Net debt/EBITDA of -39.49